Wrightsville Bancshares, Inc. has been Acquired by Century Bancorp, Inc.

Wrightsville Bancshares, Inc. (“Wrightsville”) and its wholly-owned subsidiary, Bank of Wrightsville, announced that they have been acquired by Century Bancorp, Inc. (“Century”) and its wholly-owned subsidiary, Century Bank & Trust.

Olsen Palmer LLC served as financial advisor to Wrightsville Bancshares, Inc.

The transaction received the approval of the shareholders of Wrightsville and bank regulatory authorities. With the transaction finalized, Century has and 4 branches throughout Georgia.

Olsen Palmer is the #1 ranked sell-side bank M&A advisor nationwide – and top 3 overall – based on the number of transactions advised upon in 2025, according to S&P Global.

Transaction Announcement (PDF)

High Plains Bank Has Agreed to Acquire First National Bank of Hugo

High Plains Banking Group, Inc., parent of High Plains Bank, announced the signing of a definitive agreement whereby High Plains Banking Group will acquire 100% of the shares of The First National Bank of Hugo. High Plains Bank and The First National Bank of Hugo will merge into one bank operating as High Plains Bank.

Olsen Palmer LLC served as financial advisor to High Plains Banking Group, Inc.

The Federal Reserve and Colorado Division of Banking must formally approve the acquisition and merger and the parties anticipate securing all necessary approvals to close the transaction in the first quarter or early second quarter of 2026.

Olsen Palmer is the #1 ranked sell-side bank M&A advisor nationwide – and top 3 overall – based on the number of transactions advised upon in 2025, according to S&P Global.

Transaction Announcement (PDF)

Signature Bank Has Been Acquired by First Community Bank

Signature Bank of Georgia (OTCPK: SGBG) (“Signature Bank”) and First Community Corporation   (NASDAQ: FCCO) (“First Community”), parent company of First Community Bank, today announced the closing of the transaction whereby Signature Bank was acquired by First Community in an all-stock deal valued at approximately $50.5 million. Signature Bank shareholders will receive 0.6410 shares of First Community’s common stock in exchange for each share of Signature Bank common stock. Following the completion of the transaction, Signature Bank was merged with and into First Community Bank.

Olsen Palmer LLC served as financial advisor to Signature Bank of Georgia and issued a fairness opinion to its Board of Directors.

With the addition of Signature Bank, the First Community has more than $2.3 billion in assets, $2.1 billion in deposits, and $1.5 billion in loans.  The transaction creates a banking office network of 23 full-service offices and a loan production office across two states.

In connection with the transaction, two Signature Bank directors have been appointed to the boards of directors of First Community and First Community Bank.

Olsen Palmer is the #1 ranked sell-side bank M&A advisor nationwide – and top 3 overall – based on the number of transactions advised upon in 2025, according to S&P Global.

Transaction Announcement (PDF)

Wrightsville Bancshares, Inc. has Agreed to be Acquired by Century Bancorp, Inc.

Wrightsville Bancshares, Inc. (“Wrightsville”), parent company to Bank of Wrightsville, has announced that it has entered into a definitive agreement to be acquired by Century Bancorp, Inc. (“Century”), parent company to Century Bank & Trust.

Olsen Palmer LLC served as financial advisor to Wrightsville Bancshares, Inc.

The transaction, which is subject to customary closing conditions, including approval from the shareholders of Wrightsville and bank regulatory authorities, is expected to close in Q1 2026. Upon completion of the transaction Century will have 4 branches.

Olsen Palmer remains a top 3 overall bank M&A advisor nationwide based on the number of transactions advised upon since 2020, according to S&P Global.

Transaction Announcement (PDF)

Olsen Palmer Advises Williamsville State Bank & Trust in Its Agreement to be Acquired by Land of Lincoln Credit Union

Williamsville State Bank & Trust (“Williamsville”), a wholly-owned subsidiary of WSB Financial Ltd., and Land of Lincoln Credit Union (“Land of Lincoln”), jointly announced today that they have entered into a definitive agreement whereby Land of Lincoln will purchase substantially all of the assets and liabilities of Williamsville in an all-cash transaction.

Olsen Palmer LLC served as financial advisor to WSB Financial Ltd. and Williamsville State Bank & Trust.

While the agreement is contingent on obtaining regulatory and WSB Financial Ltd. stockholder approvals, the proposed transaction has been unanimously approved by the boards of directors of both institutions.

The transaction is expected to close in the first half of 2026.  Following the completion of the transaction, Williamsville will liquidate and distribute its remaining assets to its stockholders. When the purchase is complete, Land of Lincoln will have $576 million in assets and increase its footprint to a total of 18 branches.

Olsen Palmer remains a top 3 overall bank M&A advisor nationwide based on the number of transactions advised upon since 2020, according to S&P Global.

Transaction Announcement (PDF)